AIQ’s underlying index screens artificial intelligence companies based on artificial intelligence applied to product services and artificial intelligence-as-a-service for big data applications. Additionally, companies included in the underling index include companies that produce hardware for artificial intelligence applications and those developing quantum computing.
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Sector weights include information technology 81.3%, industrials 11.3%, consumer discretionary 6.1%, financials 1.0% and health care 0.4%. Sub-sectors include internet software & services 23.9%, semiconductors 15.1%, application software 15.0%, system software 13.2%, internet & direct marketing retail 6.1%, IT consulting & other services 5.3%, tech hardware & peripherals 4.7%, aerospace & defense 4.5% and research & consulting 4.0%.
Country weights include U.S. 77.5%, Cayman Islands 9.3%, Germany 4.3%, Canada 2.5%, Jersey 1.6%, Ireland 1.1%, South Korea 1.0%, Taiwan 0.9% and U.K. 0.9%.
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